Charitable Gift Annuities
Providing Care and Changing Lives.
Through a Charitable Gift Annuity, you can contribute $10,000 or more in cash or securities, which is invested by PA College through Penn Medicine Lancaster General Health. You then receive a guaranteed payment stream for yourself and/or a loved one throughout your lives. When the Charitable Gift Annuity matures, the remainder will support PA College.
The amount of the annuity payment will depend on the ages of the beneficiaries and the value of the assets donated. PA College offers annuity rates set by the American Council on Gift Annuities. Upon establishing a charitable gift annuity, you can enjoy tax benefits like an income tax deduction and savings on capital gains tax.
Please note: Charitable Gift Annuities are not investments and are not regulated by the insurance department of any state. Please consult your personal tax advisor.